Allovue is an education finance technology (EdFinTech) company dedicated to empowering K-12 administrators and educators with tools to strategically and equitably allocate resources to best support the needs of students. Their flagship platform helps school districts manage budgets, track spending, and make informed financial decisions. By connecting spending to student outcomes, Allovue aims to improve financial transparency and efficiency in education, ensuring that every dollar spent contributes to student success. Their solutions include software for budget development (Balance), financial analysis (Allocate), and spending management (Manage).
Serves as the central hub for Allovue's operations, product development, engineering, sales, marketing, and customer support teams.
Located in a central part of Baltimore, the office space is designed to foster collaboration and innovation among its teams, reflecting its tech-forward approach.
Allovue fosters a mission-driven, collaborative, and innovative work culture. Employees are passionate about education and technology, working together to solve complex financial challenges for school districts. There's an emphasis on impact, continuous learning, and supporting team well-being.
The Baltimore headquarters is significant as it roots the company in a city with a dynamic tech scene and a commitment to urban renewal and education, aligning with Allovue's mission.
Allovue primarily serves K-12 school districts and educational organizations within the United States. While its cloud-based software solutions are accessible globally, its direct operational focus, including sales, support, and implementation, is concentrated on the US market. Many team members also work remotely across various states in the US.
1 E Lexington St, Ste 200
Baltimore
Maryland
USA
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As of April 2025, Allovue' leadership includes:
Allovue has been backed by several prominent investors over the years, including:
Falilah "Affie" Akanbi joined Allovue as Chief Financial Officer in late 2023. No other major executive hires or departures have been publicly announced in the last 12 months, indicating a stable leadership team.
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Allovue commonly utilizes the email format of the employee's first name followed by @allovue.com. Variations such as [first_initial][last]@allovue.com or [first].[last]@allovue.com might also be in use for some employees or departments.
[first]@allovue.com
Format
jess@allovue.com
Example
85%
Success rate
PR Newswire • October 26, 2023
Allovue received a grant from the Bill & Melinda Gates Foundation to further develop its K-12 budgeting software, focusing on features that help district leaders make more equitable resource allocation decisions. This funding will support Allovue's mission to improve student outcomes through strategic financial management....more
EdSurge • February 7, 2023
Allovue has secured $7 million in a funding round led by an undisclosed investor with participation from existing backers like Rethink Education and GSV Ventures. The funds are aimed at scaling its financial planning and budget management software for K-12 school districts across the U.S....more
Allovue Blog • July 12, 2022
Allovue launched Balance District, a new addition to its suite of financial tools, designed to streamline and enhance the budget development process for entire school districts, allowing for more collaborative and transparent financial planning....more
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